Luxedom Travel Agency

Large Expandable

Rapidly Expanding Economy of Namibia

Namibia is a country on the Atlantic coast in Southern Africa. It is famous for the Etosha Park safari and the Atlantic coast tourist spot of Swakopmund and Walvis Bay. The Namibian economy is based on mining, manufacturing and foreign currency flows from eco tourism.

Namibia is the world?s fourth largest manufacturer of Uranium. Apart from this ranking the country also holds the fourth rank in non-fuel minerals exports in Africa. The Economy of Namibia is closely tied with South Africa. The country is Namibia?s largest trade partner and accounts for four fifths of Namibia?s imports. Almost all of Namibia?s consumables and manufacturing equipment is imported form South Africa. Namibia also has rich deposits of gem quality diamonds. The De Beers diamond company of South Africa has mining operations in Oranjemund and in Elizabeth Bay near Luederitz.

The country also produces large quantities of lead, zinc, tin, silver and tungsten. Agriculture is the second most important economic sector in the country. This sector generates almost half of the jobs in the country but constitutes only a small fraction of the GDP. Fish processing is another important sector. A 2000 mile seamile-zone is demarcated for fishing activities of only Namibian companies. Fish processing and canneries are slowly becoming a major economic contributor to the Namibian economy.

The Namibian economy has a modern market sector, which produces most of the country's wealth, and a traditional subsistence sector. Although the majority of the population engages in subsistence agriculture and herding, Namibia has more than 200,000 skilled workers, as well as a small, well-trained professional and managerial class.

The country's sophisticated formal economy is based on capital-intensive industry and farming. However, Namibia's economy is heavily dependent on the earnings generated from primary commodity exports in a few vital sectors, including minerals, especially diamonds, livestock, and fish. Furthermore, the Namibian economy remains integrated with the economy of South Africa, as the bulk of Namibia's imports originate there.

Given its small domestic market but favourable location and a superb transport and communications base, Namibia is a leading advocate of regional economic integration. In addition to its membership in the Southern African Development Community (SADC), Namibia presently belongs to the Southern African Customs Union (SACU) with South Africa, Botswana, Lesotho, and Swaziland. Within SACU, no tariffs exist on goods produced in and moving among the member countries.

Ninety percent of Namibia's imports originate in South Africa, and many Namibian exports are destined for the South African market or transit that country. Namibia's exports consist mainly of diamonds and other minerals, fish products, beef and meat products, karakul sheep pelts, and light manufactures. In recent years, Namibia has accounted for about 5% of total SACU exports, and a slightly higher percentage of imports.

The Namibian economic policies are closely associated with the South African economic policies. The interest rates in the country are high to keep inflation low. Though the Namibian economy is third in Africa, per capita incomes are still low. Almost 40% of the employable population in the country is unemployed.

About the Author

Namibia is a country of rich history that stretches all the way back to ancient times. Modern History of Namibia starts on 1485 when Europeans reached the shores of the country. Namibia is a wonderful country to visit on summer hunting vacation.

What are those expandable balls that look like 3d spirographs called?

I would really like to buy some of those spheres that used to be available at the natural wonder store in the mall. Basically they are usually made of colorful plastic and they are condensed plastic spheres that expand in a complex pattern to a larger sphere. Some start out flat and expand. Some are so big you can put them around yourself. Does anyone know what I am talking about? Would you also happen to know where to buy these?

Here is one link to buy them - they are just called Hoberman Expanding Spheres or something like that... good luck!
http://www.coolstuffcheap.com/hobermansphere.html
http://www.amazon.com/Hoberman-Mini-Sphere-%252d-Rainbow/dp/B00000GBX8

Walmart and many other toy stores probably have them too.

Bags by Bell Video

Popware for Pets Travel Cup These expandable food and water cups are perfect for the active pet. Simply latch one onto a belt loop, backpack or leash when you're on the go and pop it out when your pet gets thirsty. Collapses to less than 1/2" thick. When you get home, just slip the travel cup in the dishwasher when collapsed for a thorough cleaning....

Popware for Pets Adjustable Pet Feeder This pet feeder grows with your pet. Its adjustable legs allow you to increase the height of the feeder as your pet grows. The elevated position of the bowls eliminates stress placed on joints caused by leaning while eating, improves digestion and encourages an ergonomically correct feeding posture. The adjustable pet feeder is especially beneficial for older dogs and dogs with arthritis. Detachab...

Honey-Can-Do GAR-01123 Commercial Heavy-Duty Steel Garment Rack with Adjustable Bar on Casters, Chrome $36.26 GAR-01123 Features: -Garment rack. -Chrome finish. -Steel construction. -Height and width adjustable with extra hanging space and hangs long dresses and coats. -Heavy duty, sturdy and rust resistant frame. -Plated base and commercial quality casters and easy to move. -Load bearing to 40 kgs. -Integrated shelving and expandability. -Manufacturer provides limited lifetime warranty. -Tube dimension...

GLoWEAR Expandable Public Safety Vest, Lime ...

Ergodyne Class 2 Expandable Safety Vest Orange Mesh Incident Command Size: Medium/Large $35.98 ...

Mega Sized Adjustable Laundry Clothes Drying Rack Hanger Housewares $43.99 Never run out of room for air-drying your laundry again with this large, adjustable laundry rack. This heavy-duty rack is height adjustable for sunning different clothes. This amazing metal rack holds up to 66 pounds of clothing ! It comes fully assembled and ready to use and can even be folded down flat for easy storage. Can be used indoors and outdoors. Perfect for a large family or anyone wit...

david king large expandable carry on bag 202 color Y6DJPRWJ93DFO5EPR2K7...

GreaterFeet Diabetic Stretch Socks, Crew, Unisex, Size 9-11, White, One Pair ...

Sumdex Large Expandable Brief for Notebooks up to 17 Inches (Black) $33.32 The Passage Series by Sumdex are fully featured, durable, and protective cases that fit 12 - 17 laptops. Comfort, convenience, and value is the focus of the Passage Series. Find your case today...

Black Samsonite Pro-DLX Large Expandable Laptop Briefcase $199.99 Soft gel-infused shoulder pad makes carrying more comfortable, Non-slip shoulder pads attached to the strap disburse weight more evenly on your shoulder while you travel, A swivel clip at the end of the strap helps prevent twisting...

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This entry was posted on Thursday, July 22nd, 2010 at 1:34 am and is filed under travel. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.